PwC US has signed a definitive agreement to acquire substantially all the assets of Kunai, an agile software consultancy specializing in AI, cloud-first web, mobile and infrastructure platforms for the financial services industry.
This proposed strategic acquisition aligns with PwC’s commitment to helping clients “reach the edge of their industries by combining deep expertise with technology-driven solutions.”
The addition of Kunai’s expertise enables PwC to scale “existing offerings in the FS space, specifically strengthening its engineering capabilities into existing and new banking clients, to accelerate growth and provide critical capabilities.”
Founded in 2015, Kunai is an integrated team of product managers, software engineers, and designers with “experience building for every major use case in fintech.”
Kunai’s history of achievements “makes them an ideal fit for PwC’s growth strategy.”
This proposed acquisition comes at a time when PwC is “helping clients across industries navigate intense business uncertainty.”
PwC’s recent Value in Motion research report reveals “that in 2025 alone, up to $7.1 trillion in revenue will be redistributed across the global economy as companies reinvent their business models.”
Organizations that adapt quickly to the uncertainty “will be best positioned to capture new growth and stay ahead.”
Kunai’s work with financial institutions and payment networks “has allowed it to create solutions to many of the industry’s biggest technological challenges.”
Kunai brings to PwC a number of core competencies, including:
- Mobile & Web Product Development
- AI & Automation
- Cloud Engineering
- Data Engineering
- Core Banking Systems
The proposed acquisition builds on the firm’s recent strategic acquisitions, demonstrating PwC’s commitment “to driving digital transformation both internally and for its clients.”
Previous acquisitions, such “as Surfaceink, Sagence, Netrovert, ACTS, and EagleDream, have reinforced PwC‘s focus on engineering, scalable solutions, advanced analytics, enhanced collaboration, and connectivity.”
The proposed acquisition is subject to “customary closing conditions.”
The financial terms of the agreement “were not disclosed.”
At PwC, they help clients build trust and “reinvent so they can turn complexity into competitive advantage.”
They’re a tech-forward, people-empowered network “with more than 370,000 people in 149 countries.”
Across audit and assurance, tax and legal, deals and consulting they “help clients build, accelerate and sustain momentum.”
